BranchOut Food Inc. (NASDAQ:BOF) Short Interest Update

BranchOut Food Inc. (NASDAQ:BOF) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 186,600 shares, a decrease of 15.3% from the November 15th total of 220,300 shares. Approximately 3.6% of the shares of the stock are sold short. Based on an average trading volume of 481,200 shares, the days-to-cover ratio is presently 0.4 days.

BranchOut Food Trading Down 2.2 %

BOF traded down $0.04 during trading on Monday, reaching $1.74. The company had a trading volume of 8,124 shares, compared to its average volume of 2,535,782. The company has a quick ratio of 0.95, a current ratio of 1.27 and a debt-to-equity ratio of 1.00. The business has a 50 day simple moving average of $1.75 and a 200-day simple moving average of $1.47. The stock has a market cap of $13.66 million, a P/E ratio of -1.71 and a beta of 0.72. BranchOut Food has a 52 week low of $0.61 and a 52 week high of $4.11.

Institutional Trading of BranchOut Food

An institutional investor recently bought a new position in BranchOut Food stock. Greenwood Gearhart Inc. acquired a new stake in BranchOut Food Inc. (NASDAQ:BOF) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 94,949 shares of the company’s stock, valued at approximately $66,000. Greenwood Gearhart Inc. owned approximately 2.23% of BranchOut Food at the end of the most recent reporting period. Institutional investors and hedge funds own 2.59% of the company’s stock.

BranchOut Food Company Profile

BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.